General Trading Company, Inc.benefits

General Trading Company, Inc.'s benefits plans covered 216 active participants in 2024, providing health · life · dental · death benefits. Insurance premiums totaled $601,800. Insurance brokers and agents were paid $1,223 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 0.2% of premiums. That is $6 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 1.4% from $1,206 in 2023.